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Map
$2,400,000*
●
Property -
Off Market
1952 W 48th St
Los Angeles, CA 90062
Studio
0 Bath
6632 Sqft
$2,160,000 - $2,640,000
Reference Base Price*
0.00%
Since Dec 1, 2023
CA-Los Angeles
Primary Model
About This Property
STUNNING FOUR-PLEX IN "OPPORTUNITY ZONE" FULLY REMODELED AND
DELIVERED VACANT; making $17,000 in gross mo. short term income;
gorgeous complex w/4 garage; easily investment or owner-occupying
property. 1952 W 48THStreet is a 3 story building consisting
of two 2 bed/2 bath units & two 3 bed/3 bath units.
First floor living: Unit # 1 and #2 are 2 Bedrooms & 2
Bathrooms plus Living Room & Kitchen in 1,110 SF each. Second
floor living: Unit #3 and #4 are 3 bedrooms & 3 Bathrooms ,Living
Room & Kitchen 2 story units with finished attic in 1,886 Square
feet of living space w/views of the surrounding community; Open
floor plan with lots of natural light, hardwood floors,
contemporary solid surfaces in kitchens and baths, exterior decks
and more. Separately metered gas and electricity, newer roof,
painted and ready for move-in. Updated plumbing, electrical,
new electrical panels, windows, flooring, paint, and heating and
cooling and laundry in each unit and more. Units are TOWNHOME-style
w/2 interior floors. Basic floorplan for 3 bedroom residences:
main floor primary bedroom w/ensuite bath, lower level 2nd
bedroom & bath, kitchen w/ample counterspace & newer appliances,
dining room & bonus room; 2nd level has an open loft w/an enclosed
3rd bedroom, a living room/entertainment area, an additional
seating area plus office space. Artfully design using 100 year old
wood accent walls & kitchen bar tops made of recycled materials
during renovation. Keyless entry system; 14 camera system
with a DVR system for recording. The subject was built in
1916, garages added in 1929 and recently extensively remodeled and
updated within the past 7 years to include new plumbing,electrical,
windows, interior & exterior doors, kitchens, bathrooms, interior
walls, HVAC, roof, interior & exterior painting, all required
retrofitting & foundation stabilization, the attics on 2 units have
been fully finished to code, thus increasing the size of the
builidng & the size of the units. Assessor's information has
been updated to reflect the full building square footage with 10
bedrooms and 10 bathrooms. The property will be delivered
fully vacant and can be delivered fully furnished for a true
turn-key investment. Rents are based on approximately short
term rental monthly rates. Community amenities include: metro
line, new soccer & football stadiums, easy access to public
transportation and approximately a 10 min drive to the nearby train
stations where there is a free park and ride facilitating visting
many Los Angeles hot spots like Hollywood, Universal Studios,
Downtown LA and Santa Monica Pier. This property is perfect
for an owner-user or investor looking to capitalize on the rental
market in Los Angeles.
The manager has listed the unit size as 6632 square feet.
The manager has listed the unit size as 6632 square feet.
Unit Size
6,632Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$362
Property Type
Property
Property Taxes
-
HOA Dues
-
Year Built
1916
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Nov 18, 2023 | No longer available | - | |
No longer available | |||
Nov 17, 2023 | In contract | - | |
In contract | |||
Nov 14, 2023 | No longer available | - | |
No longer available | |||
Nov 9, 2023 | Sold to Brandy Estelle, Jamel Ward | $2,075,000 | |
Sold to Brandy Estelle, Jamel Ward | |||
Oct 9, 2023 | In contract | - | |
In contract |
Show More
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
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Building Info
1952 West 48th Street
1952 West 48th Street, Los Angeles, CA 90062
- 1 Unit for Sale
About South LA
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